October 2021
Newsletter – Issue 52

As a non-profit organization, NWBDA is able to provide grants on an annual basis to other organizations or programs who provide an economic or community development in the areas that NWBDA serves. This year, NWBDA, along with it’s affiliated company 9019 RE Holdings LLC, was able to give away a grand total of $194,000 to businesses, organizations and programs who provide a direct impact to their community.

Teen & Kid Closet – Spokane, WA

Teen Closet Mission Statement: Every child is important and should feel that way.  Teen & Kid Closet caters to children and youth in need, providing them with fashionable, good quality clothing and accessories for free.  We give them choices when so often, they have none.

About Teen Closet: Teen and Kid Closet is all about dignity for an often-overlooked population, children in need. The idea is simple. We give new or gently used clothing to children who need it for free. Our focus is youth in foster care or in poverty. Most of the youth we serve have no other access to nice clothes. 

TKC is a brick and mortar shop in Spokane, serving all of eastern WA and North ID. Every shopper, from babies to young adults are welcome to our free shop. Each child has to be referred by someone of authority: social worker, school counselor, etc.

By partnering with community members to get clothing donations – and staffing all positions with volunteers – we leverage resources in a huge way. Together, we are helping our children and youth understand how much our community cares and believes in them.

This Grant will help: By allowing Teen & Kid Closet to grow and provide a cushion of funds, since many of their fundraisers were cancelled due to the pandemic.

“This will make a huge impact!  The generous grant from Northwest Business Development Association and 9019 RE Holdings will allow Teen & Kid Closet to expand our reach in providing great quality clothes, shoes and hygiene products to children and youth in need in the Spokane and surrounding communities. 

We serve from newborns to young adults living in foster care, homelessness or poverty.  We anticipate we’ll serve upwards of 2,000 kids in 2022 and this funding will help us to do that successfully, even allow us breathing room to plan for future growth..” – Robyn Nance, Teen & Kid Closet Co-Founder

Donate, volunteer or follow Teen Closet:
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NWBDA is so thankful to be able to give back to our community and help the world around us. We are incredibly grateful to our lenders and borrowers because of their continued
patronage and because of it, we are able to support others.

NWBDA is delighted to support unique organizations who are striving to change their communities and make a better place for everyone. We encourage everyone to visit this amazing place and make your own impact.

“Small things done with great love will change the world.”

— Mother Teresa —

Eastern Washington/
Northern Idaho
Eric Sartell
(509) 904-5169

Southwestern Washington/
North Oregon
Jim Bright
(360) 521-5704

Western Washington

Elizabeth Rusnak
(425) 286-6673

Central Washington

Lisa Vincent
(509) 469-5040

Greater Portland Metro Area/
North Oregon Coast
Mike Miller
(503) 746-1805

Willamette Valley, Central,
Eastern & Southern Oregon
Evan Heriot
(541) 228-5015

Western Washington

Mark Beppler
(425) 505-3263

September’s Loan Fundings

NWBDA funded 16 new
projects for the total amount
of $37,380,220.36

September’s Loan Approvals

NWBDA approved 3 new
projects for the total amount
of $10,876,000.00

In the month of September,
NWBDA helped
create 123 new jobs
in the local communities

(509) 458-8555
(800) 540-1748 (Toll Free)

Achieving BIG Dreams for SMALL Businesses